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Table 7 Heterogeneity test: Different administrative levels

From: Industrial policy, structural transformation and economic growth: evidence from China

Independent variableDependent variable: Y
Sub-provincial citiesThe other cities
IP−0.0997**0.0461**
(0.0401)(0.0200)
Control variablesYesYes
Year_FEYesYes
City_FEYesYes
N1652497
Adj.R20.9550.836
  1. Notes. (1) ** means P < 5%; (2) The estimated coefficients in parentheses are the robust standard errors clustering to the city level